Ellsbury Group is pleased to present Scenic View RV & Mobile Home Community, a 7.06-acre manufactured housing and RV community located at 6029 E 200 N, Monticello, Indiana, within 10 minutes of Indiana Beach Amusement & Water Park and near Lake Shafer and Lake Freeman. Built in 1960, the property consists of 20 existing pads operated under a land-lease structure with tenant-owned homes. Lot rents range from $400 to $650 per month and include water, sewer, and trash, while municipal sewer service reduces long-term infrastructure risk and supports stable operations.
The property offers meaningful upside through the potential expansion of approximately 15 additional pads, subject to approvals, on a large site with existing infrastructure. Scenic View benefits from a diversified demand base driven by regional tourism, workforce housing needs, and infrastructure and renewable energy development, all within a market characterized by limited rental supply. The combination of in-place cash flow, expansion potential, and irreplaceable location positions the asset as a compelling investment opportunity within the manufactured housing sector.